(VIANEWS) – Brookfield Infrastructure Partners (BIP), Black Hills Corporation (BKH), JOYY (YY) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio at the moment. The payout ratio in itself isn’t a promise of a future good investment but it’s an indicator of whether dividends are being paid and how the company chooses to issue them.
When investigating a potential investment, the dividend payout ratio is a good statistic to know so here is a list of some companies with an above 30% payout ratio.
1. Brookfield Infrastructure Partners (BIP)
450% Payout Ratio
Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, midstream, and data businesses in North and South America, Europe, and the Asia Pacific. The company's Utilities segment operates approximately 60,000 kilometers (km) of operational electricity transmission and distribution lines; 2,900 km of electricity transmission lines; 4,200 km of natural gas pipelines; 7.8 million electricity and natural gas connections; and 540,000 long-term contracted sub-metering services. This segment also offers heating, cooling, and energy solutions; gas distribution; water heaters; and heating, ventilation, and air conditioner rental, as well as other home services. Its Transport segment offers transportation, storage, and handling services for merchandise goods, commodities, and passengers through a network of approximately 22,000 km of track; 5,500 km of track network; 4,800 km of rail; 3,800 km of motorways; and 11 port terminals. The company's Midstream segment offers natural gas transmission, gathering and processing, and storage services through approximately 15,000 km of natural gas transmission pipelines; 600 billion cubic feet of natural gas storage; 17 natural gas processing plants; and 10,600 km of gas gathering pipelines, as well as 525,000 tonnes polypropylene production capacity. Its Data segment operates approximately 207,000 operational telecom towers; approximately 46,600 km of fiber optic cables; approximately 881,000 fiber-to-the-premise connections; two semiconductor manufacturing facilities; and 70 distributed antenna systems, as well as 50 data centers and 230 megawatts of critical load capacity. The company was incorporated in 2007 and is based in Hamilton, Bermuda.
Earnings Per Share
As for profitability, Brookfield Infrastructure Partners has a trailing twelve months EPS of $0.08.
PE Ratio
Brookfield Infrastructure Partners has a trailing twelve months price to earnings ratio of 414.13. Meaning, the purchaser of the share is investing $414.13 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 5.75%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 320% and 900%, respectively.
Yearly Top and Bottom Value
Brookfield Infrastructure Partners’s stock is valued at $33.13 at 08:23 EST, way below its 52-week high of $43.62 and way above its 52-week low of $30.03.
2. Black Hills Corporation (BKH)
66.76% Payout Ratio
Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. It operates through four segments: Electric Utilities, Gas Utilities, Power Generation, and Mining. The Electric Utilities segment generates, transmits, and distributes electricity to approximately 216,000 electric customers in Colorado, South Dakota, and Wyoming, as well as provides electrical system construction services to large industrial customers. This segment owns 992 megawatts of generation capacity and 8,892 miles of electric transmission and distribution lines. The Gas Utilities segment distributes natural gas to approximately 1,083,000 natural gas utility customers in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming. It also provides appliance repair services to residential customers; and constructs and maintains gas infrastructure facilities for gas transportation customers. This segment owns and operates approximately 4,774 miles of intrastate gas transmission pipelines; 41,838 miles of gas distribution mains and service lines; seven natural gas storage sites; and approximately 49,000 horsepower of compression and 560 miles of gathering lines. The Power Generation segment produces electric power through wind, natural gas, and coal-fired generating plants; and sells the electric capacity and energy primarily to utilities under long-term contracts. The Mining segment produces coal at its coal mine located near Gillette, Wyoming; and sells the coal to electric generation facilities. Black Hills Corporation was incorporated in 1941 and is headquartered in Rapid City, South Dakota.
Earnings Per Share
As for profitability, Black Hills Corporation has a trailing twelve months EPS of $3.88.
PE Ratio
Black Hills Corporation has a trailing twelve months price to earnings ratio of 14.42. Meaning, the purchaser of the share is investing $14.42 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.34%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 13.3%, now sitting on 2.59B for the twelve trailing months.
Moving Average
Black Hills Corporation’s value is under its 50-day moving average of $60.12 and way under its 200-day moving average of $64.65.
3. JOYY (YY)
64.83% Payout Ratio
JOYY Inc., through its subsidiaries, operates social media platforms that offer users engaging and experience across various video and audio-based social platforms. The company operates Bigo Live, a live streaming platform that allows users to live stream specific moments, such as live talk with other users, make video calls, and watch trend videos; Likee, a short-form video social platform that focuses on enabling users to create short-form video; Hago, a casual game-oriented social platform; and imo, a chat and instant messaging application with functions, including video calls, text messages, and photo and video sharing. It operates in the People's Republic of China, the United States, the Great Britain, Japan, South Korea, Australia, the Middle East, and Southeast Asia and others. The company was formerly known as YY Inc. and changed its name to JOYY Inc. in December 2019. JOYY Inc. was founded in 2005 and is headquartered in Singapore.
Earnings Per Share
As for profitability, JOYY has a trailing twelve months EPS of $2.36.
PE Ratio
JOYY has a trailing twelve months price to earnings ratio of 13.82. Meaning, the purchaser of the share is investing $13.82 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 2.66%.
Volume
Today’s last reported volume for JOYY is 149000 which is 74.36% below its average volume of 581219.
Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Jun 19, 2023, the estimated forward annual dividend rate is 2.04 and the estimated forward annual dividend yield is 6.02%.
4. Packaging Corporation of America (PKG)
52.8% Payout Ratio
Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States. The company operates through Packaging and Paper segments. The Packaging segment offers various containerboard and corrugated packaging products, such as conventional shipping containers used to protect and transport manufactured goods; multi-color boxes and displays that help to merchandise the packaged product in retail locations; and honeycomb protective packaging products, as well as packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products. This segment sells its corrugated products through a direct sales and marketing organization, independent brokers, and distribution partners. The Paper segment manufactures and sells commodity and specialty papers, as well as communication papers, including cut-size office papers, and printing and converting papers. This segment sells white papers through its sales and marketing organization. Packaging Corporation of America was founded in 1867 and is headquartered in Lake Forest, Illinois.
Earnings Per Share
As for profitability, Packaging Corporation of America has a trailing twelve months EPS of $9.47.
PE Ratio
Packaging Corporation of America has a trailing twelve months price to earnings ratio of 16.19. Meaning, the purchaser of the share is investing $16.19 for every dollar of annual earnings.
Previous days news about Packaging Corporation of America (PKG)
- According to Zacks on Tuesday, 15 August, "Amcor belongs to the Containers – Paper and Packaging industry, along with AptarGroup, Inc. (ATR Quick QuoteATR – Free Report) , Packaging Corporation of America (PKG Quick QuotePKG – Free Report) , and Sealed Air Corporation (SEE Quick QuoteSEE – Free Report) .AMCR is expected to report fiscal fourth-quarter earnings on Aug 16, after the closing bell."
5. Arrow Financial Corporation (AROW)
39.27% Payout Ratio
Arrow Financial Corporation, a bank holding company, provides commercial and consumer banking, and financial products and services. The company's deposit products include demand deposits, interest-bearing checking accounts, savings deposits, time deposits, and other time deposits. Its lending activities comprise commercial loans, such as term loans, time notes, and lines of credit; and commercial real estate loans to finance real estate purchases, refinancing, expansions, and improvements to commercial properties, as well as commercial construction and land development loans to finance projects. The company's lending activities also include consumer installment loans to finance personal expenditures, personal lines of credit, overdraft protection, and automobile loans; and residential real estate loans, fixed home equity loans, and home equity lines of credit for consumers to finance home improvements, debt consolidation, education, and other uses. In addition, it maintains an indirect lending program; and sells residential real estate loan originations into the secondary market. Further, the company provides retirement planning, trust, and estate administration services for individuals; and pension, profit-sharing, and employee benefit plan administration services for corporations. Additionally, it offers insurance agency services comprising group health care policies and life insurance, and property and casualty insurance products; and investment advisory services to its proprietary mutual funds, as well as holds a real estate investment trust. The company operates in the northeastern region of New York State in Warren, Washington, Saratoga, Essex, Clinton, Rensselaer, Albany, and Schenectady counties, as well as surrounding areas. It owns 26 branch banking offices; and leases 12 branch banking offices, as well as two residential loan origination offices. Arrow Financial Corporation was founded in 1851 and is headquartered in Glens Falls, New York.
Earnings Per Share
As for profitability, Arrow Financial Corporation has a trailing twelve months EPS of $2.71.
PE Ratio
Arrow Financial Corporation has a trailing twelve months price to earnings ratio of 7.57. Meaning, the purchaser of the share is investing $7.57 for every dollar of annual earnings.
Yearly Top and Bottom Value
Arrow Financial Corporation’s stock is valued at $20.52 at 08:23 EST, way under its 52-week high of $36.51 and way above its 52-week low of $17.63.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Aug 30, 2023, the estimated forward annual dividend rate is 1.08 and the estimated forward annual dividend yield is 5.31%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 38.4% and a negative 43.2%, respectively.
Moving Average
Arrow Financial Corporation’s value is above its 50-day moving average of $20.46 and way below its 200-day moving average of $27.38.
1. 1 (1)
1% Payout Ratio
1
Earnings Per Share
As for profitability, 1 has a trailing twelve months EPS of $1.
PE Ratio
1 has a trailing twelve months price to earnings ratio of 1. Meaning, the purchaser of the share is investing $1 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 1%.
Volume
Today’s last reported volume for 1 is 1 which is 1% above its average volume of 1.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, 1’s stock is considered to be overbought (>=80).
Earnings Before Interest, Taxes, Depreciation, and Amortization
1’s EBITDA is 1.
